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A legal consultant may have to be a member of the bar or hold a law degree. An accounting consultant may have to have an accounting designation, such as Chartered Accountant status. Some individuals become consultants after a lengthy and distinguished career as an executive or political leader or employee, so their lengthy and exposed ...
A counsel or a counsellor at law is a person who gives advice and deals with various issues, particularly in legal matters. It is a title often used interchangeably with the title of lawyer . The word counsel can also mean advice given outside of the context of the legal profession.
A lawyer is a person who is qualified to offer advice about the law, draft legal documents, or represent individuals in legal matters. The exact nature of a lawyer's work varies depending on the legal jurisdiction and the legal system , as well as the lawyer's area of practice.
A person providing the service can often be described as a consultant. In law, barristers normally organise themselves into chambers . Businesses in other industries, such as banks and retailers, can employ individuals or teams to offer professional services for their customers.
Continue reading → The post Lawyer vs. Financial Advisor: Which Do You Need? appeared first on SmartAsset Blog. Lawyers also provide financial planning advice that protects your assets.
The average annual base salary for "of counsel" or "special counsel" in the United States between 2003 and 2009 was US$216,019 (with salary varying depending on size/reputation of the firm, its location, and the attorney’s experience). [5] At highly prestigious law firms, an "of counsel" or "special counsel" may make as much as US$375,000 per ...
Legal advice is the giving of a professional or formal opinion regarding the substance or procedure of the law in relation to a particular factual situation. The provision of legal advice will often involve analyzing a set of facts and advising a person to take a specific course of action based on the applicable law.
Law firms are organized in a variety of ways, depending on the jurisdiction in which the firm practices. Common arrangements include: Sole proprietorship, in which the attorney is the law firm and is responsible for all profit, loss and liability;